Asked by Jaden Jackson on Jul 04, 2024
Verified
What U.S. law prohibits companies from offering or paying bribes to foreign government officials, political parties, and candidates for office for the purpose of obtaining or retaining business?
A) The Foreign Bribery Act
B) The Foreign Political Act
C) The Foreign Corrupt Practices Act
D) The International Agreement on Tariff and Bribery Act
E) The International Trade Act
Foreign Corrupt Practices Act
A U.S. law that prohibits companies and their individuals from bribing foreign officials to gain a business advantage.
Bribes
Payments or gifts given with the intention of influencing the actions of an individual in a position of power or authority.
Foreign Government Officials
Representatives or employees of a government from a country other than one's own, including diplomats, ministers, and other officials.
- Identify the ethical aspects of global commerce and understand their differences from one country to another.
Verified Answer
Learning Objectives
- Identify the ethical aspects of global commerce and understand their differences from one country to another.
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